Mitchellville, AR Foreclosures
How much do homes sell for in Mitchellville, AR?
The average home price is currently $92,402.
What’s the average rental cost in Mitchellville, AR?
The average rental price in Mitchellville is $710.
What is the most expensive home in Mitchellville?
The most expensive home sold in Mitchellville had a price of $294,180.
What is currently the cheapest priced home in Mitchellville, AR?
The cheapest home for sale in Mitchellville is priced at $28,563.
Living in Mitchellville, AR
Mitchellville is a quaint small town located in Arkansas that offers a peaceful rural lifestyle. This charming community features a close-knit atmosphere with friendly residents and local shops. Surrounded by natural beauty, Mitchellville is a great place for those looking to escape the busyness of city life while still enjoying access to essential amenities.
Current Market Conditions in Mitchellville, AR
The real estate market in Mitchellville is showing steady growth, supported by an influx of families seeking affordable housing options and retirees looking for tranquility. The area has been drawing attention due to its low property costs compared to neighboring towns, attracting buyers looking for value in their investments.
In recent months, homes in Mitchellville have been selling more quickly, indicating a competitive market environment as more buyers enter the market searching for desirable properties. The availability of well-priced homes has led to an increased interest among first-time homebuyers.
Home Value Estimator For Mitchellville, AR
There are currently 29 real estate properties
in Mitchellville, AR,
with a median automated valuation model (AVM) price
of $73,244.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mitchellville, AR, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Mitchellville, AR,
is $92,402.00, with the most expensive house
in Mitchellville, AR, topping out
at $294,180.00 and the cheapest home
in Mitchellville, AR,
clocking in at $28,563.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mitchellville, AR!
Rent Prices
In Mitchellville, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mitchellville, AR, is on
a rollercoaster ride. The
average rent price in Mitchellville, AR,
is $710.00. Indeed, when looking to rent in
Mitchellville, AR, you can expect to pay as little
as $530.00 or as much
as $1,270.00,
with the average rent median estimated to
be $660.00. The good news is that finding
an affordable and desirable property to rent in Mitchellville, AR
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
